KLCI extends gains, ringgit withdraws

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KUALA LUMPUR: The nearby bourse was by and by on an upwards direction on Tuesday morning as the S&P500 broadened its additions overnight and drove Asian markets higher. 
Minutes into the opening chime, the FBM KLCI was up 7.76 focuses at 1,839.91 focuses. There were 658.68 million offers finished with an estimation of RM202.77. Advancers outpaced decliners 346 to 110 with 305 counters unaltered. 
Tenaga Nasional was one of the main heavyweights, rising 20 sen to RM15.90, trailed by Pulic Bank, up 10 sen to RM20.92, and Petronas Chemicals, up five sen to RM8.20. 
IHH Healthcare put on four sen to RM5.88 while MISC added 11 sen to RM7.60. 
Decliners included Petronas Gas, down two sen to RM19.18 and Genting, slipping one sen to RM9.49. 
Effectively exchanged counters included oil and gas stocks, for example, Sumatec, increasing one sen to seven sen; UMW Oil and Gas, up 1.5 sen to 47 sen; and Sapura Energy, up 4.5 sen to RM1.02. 
Slipping back in dynamic exchange were Hengyuan, down eight sen to RM17.20; Southern Steel, down four sen to RM2.25; and Top Glove down four sen to RM9.12. 
Oil markets were additionally on the ascent with WTI rough rising 43 pennies to US$62.16 a barrel and Brent unrefined adding 36 pennies to US$68.14 a barrel. 
The ringgit, be that as it may, withdrew on Tuesday, debilitating 0.19% against the US dollar at 4.0055, 0.4% against the pound sterling at 5.4321 and 0.19% against the Singapore dollar at 3.0017.

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